I got this email from ASB Securities today.

Fisher Funds - IPO - Barramundi Ltd

Fisher Funds Management released an announcement on 15 September that Barramundi Ltd is considering making an offer of 50 million shares to the public at $1.00 per share (one warrant will be attached to every 2 shares issued). Barramundi intends to use the proceeds to become a listed investment company investing in smaller, growing Australian companies.

The intended offer will comprise firm allocations to brokers, and a priority pool reserved for existing shareholders and warrant holders in Kingfish Limited. The offer is expected to open during October.

For updates please keep an eye on the Fisher Funds website, www.fisherfunds.co.nz. There is currently no IPO information available, but I would expect this to be updated shortly.